Britain is plagued by uncompetitive markets and a regulatory system encouraging market concentration June 14, 2021 The backslapping over the G7’s efforts to institute a new minimum global corporation tax rate last week was almost audible. The deal is a critical juncture – a signal that established economies are no longer racing to the bottom on business tax. But the palpable excitement should be cautioned: it takes far more to create [...]
G7: What was agreed at the 2021 Cornwall summit on vaccines to climate change June 13, 2021 The 2021 G7 summit wrapped up today, after three days of meetings between leaders of the world’s richest democracies on Covid vaccines, the globe’s economic recovery and the environment. Amongst some occasional drama around Brexit and the UK-EU relationship, the seven leaders – from the US, UK, Canada, Italy, France, Japan and Germany – came [...]
Boris Johnson plays down UK-EU rift over Northern Ireland at G7 summit June 13, 2021 Boris Johnson has tried to play down tensions between the UK and EU over Northern Ireland, after days of tense exchanges with European leaders at the G7 summit in Cornwall. Johnson said at his closing press conference that “the vast majority of the conversations we’ve had over the past three or four days have been [...]
G7 Brexit brawl: Raab hits out at ‘offensive’ Macron comments on Northern Ireland June 13, 2021 Dominic Raab has slammed French President Emmanuel Macron for saying Northern Ireland is not in the UK, calling the comments “offensive” and disrespectful. Multiple media outlets reported yesterday that Macron made the claim during a fiery meeting with Boris Johnson at the G7 summit yesterday. The pair were discussing the UK-EU row over the Northern [...]
WTO boss plays down chances of UK-EU trade war over Northern Ireland June 12, 2021 World Trade Organisation boss Ngozi Okonjo-Iweala has played down the chances of a UK-EU trade war over Northern Ireland, saying she would be a “little surprised” if it came to that. The WTO director general told journalists today that a trade war would be “too costly for both sides”. The UK and EU are in [...]
Boris Johnson threatens to rip up Northern Ireland Protocol if EU does not relax checks June 12, 2021 Boris Johnson has threatened to unilaterally suspend the post-Brexit Northern Ireland treaty if Brussels does not relax customs checks on goods crossing the Irish Sea. Johnson warned that he would “obviously not hesitate to invoke Article 16” if “the protocol continues to be applied in this way”. The UK and EU both have the right [...]
Arise, Sir Antonio: Former Lloyds boss Horta-Osorio amongst business figures honoured June 12, 2021 Former Lloyds boss Antonio Horta-Osorio has picked up a knighthood in the Queen’s birthday honours. The Portuguese-born banker now chairs embattled Credit Suisse. Read more: The recovery is in full swing: UK set for best growth since Second World War He was handed the title in recognition of his service to financial services and to [...]
Brexit brawl at G7: Govt warns it will not allow EU to undermine UK’s integrity June 12, 2021 Foreign Secretary Dominic Raab has said the Government will not allow the EU to undermine the integrity of the UK over the implementation of the Northern Ireland Protocol in the Brexit Withdrawal Agreement. Boris Johnson is due to hold a series of meetings with French President Emmanuel Macron, German Chancellor Angela Merkel and European Commission [...]
G7: EU leaders to heap pressure on Boris Johnson over Northern Ireland row June 11, 2021 Boris Johnson is set to face pressure from EU leaders in a series of G7 summit meetings tomorrow over how to manage the post-Brexit situation in Northern Ireland. Negotiations about the future of checks on goods going between Northern Ireland and Great Britain are deadlocked, after Johnson refused a Brussels proposal for the UK to [...]
G7 exclusive: Boris Johnson to push for mental health to be on final communique June 11, 2021 Boris Johnson is set to push G7 leaders to include a statement on making mental health a priority during the Covid recovery in the summit’s final communique. The Prime Minister told a collection of political pressure groups that he “pretty much promises” it will be in there. Johnson told delegates from the Youth G7 UK [...]